70 years ago today - Oct 18, 1949

[George Albert Smith]

Ernest L. Wilkinson of Washington, D.C. stopped by for a few minutes and he told me of a plan that he [is] working on at the present time to turn over a fee which may be forthcoming to him to the B.Y.U. He is one his way to Montana to handle a case for the Crow Indians against the United States Government. If he is successful, and he believes that he has a good chance, he will receive one-third of the net proceeds as his fee which should amount to a half million dollars for him. He prefers to have the B.Y.U. receive this amount, since he feels that he does not need it. He has discussed this matter with President Clark and President McKay and they concur in my feeling that it will be all right to go ahead provided first that an advance ruling is obtained from the Commissioner of Internal Revenue, Washington, D.C. to ascertain whether or not such a procedure will be entirely proper.

[George Albert Smith, Diary, as quoted in Minutes of the Apostles of The Church of Jesus Christ of Latter-day Saints, 1835-1951, Electronic Edition, 2015]

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